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Pricing

2022
Exports $500MWorld Rnk 3 / 200
Flag Rnk 391 / 1217
2022
Destination $32.8M Canada
2021 - 2022
FASTEST GROWING MARKET $32.8MCanada
2022
PRODUCT COMPLEXITY IN Electric Filament0.68Rnk 281 / 1025
2022
Imports $1.15BWorld Rnk 1 / 225
Flag Rnk 369 / 1216
2022
Origin $21.7M China
2021 - 2022
FASTEST GROWING ORIGIN $21.7MMexico
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $500M in Electric Filament, making it the 3rd largest exporter of Electric Filament in the world. At the same year, Electric Filament was the 391st most exported product in United States. The main destination of Electric Filament exports from United States are: Canada ($107M), Mexico ($64.4M), China ($39.6M), Chinese Taipei ($34.1M), and South Korea ($28.3M).

The fastest growing export markets for Electric Filament of United States between 2021 and 2022 were Canada ($32.8M), South Korea ($6.94M), and Netherlands ($6.49M).

Imports In 2022, United States imported $1.15B in Electric Filament, becoming the 1st largest importer of Electric Filament in the world. At the same year, Electric Filament was the 369th most imported product in United States. United States imports Electric Filament primarily from: China ($477M), Germany ($176M), Japan ($94.4M), Poland ($54.8M), and Hungary ($46.8M).

The fastest growing import markets in Electric Filament for United States between 2021 and 2022 were Mexico ($21.7M), China ($20.7M), and United Kingdom ($14.3M).

COMPANIES In 2023, leading companies such as CrimsonLogic (2.43k), You Hao Trading (1.06k), and Signify Lighting (878) were at the forefront of shipping Electric Filament to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Electric Filament exports accounted up to $46M and imports accounted up to $237M, resulting in a negative trade balance of $191M. Between September 2023 and September 2024 the exports of United States'   Electric Filament have decreased by $-8.3M (-15.3%) from $54.3M to $46M, while imports increased by $23.5M (11%) from $214M to $237M.

Destinations In September 2024, Electric Filament were exported mostly to Canada ($15.4M), Mexico ($7.64M), China ($3.4M), Germany ($2.58M), and Israel ($1.9M), and were imported mostly from China ($173M), Germany ($12.2M), Mexico ($8.96M), Japan ($7.31M), and Malaysia ($3.74M).

Growth In September 2024, the decrease in Electric Filament's year-by-year exports was explained primarily by a decrease in exports to Ireland ($-1.39M or -77.4%), Mexico ($-378k or -5.44%), and Japan ($-265k or -15.7%). In September 2024, the increase in Electric Filament's year-by-year imports was explained primarily by an increase in imports from Germany ($4.96M or 50%), Malaysia ($1.27M or 118%), and United Kingdom ($1.13M or 127%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-8.3M(-15.3%)
IMPORT GROWTH (September 2023 - September 2024)$23.5M(11%)
MAIN EXPORTER (September 2024)California$15.2M
MAIN DESTINATION (September 2024)Canada$15.4M

This section shows Electric Filament's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Electric Filament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$500M
IMPORTS (2022)$1.15B
NET TRADE (2022)-$650M

In 2022, United States exported $500M in Electric Filament. The main destinations of United States exports on Electric Filament were Canada ($107M), Mexico ($64.4M), China ($39.6M), Chinese Taipei ($34.1M), and South Korea ($28.3M).

In 2022, United States imported $1.15B in Electric Filament, mainly from China ($477M), Germany ($176M), Japan ($94.4M), Poland ($54.8M), and Hungary ($46.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Filament EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$32.8M (44.1%)
South Korea$6.94M (32.5%)
Netherlands$6.49M (56.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Filament BY United States WERE (2021 - 2022):
Mexico-$4.6M (-6.67%)
Russia-$1.35M (-90.4%)
Guatemala-$954k (-34.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Electric Filament were:
China $2.92B
Germany $1.14B
In 2022, United States's main importing competitors in Electric Filament were:
Germany $648M
China $453M

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Trade Value of Electric Filament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.1M
TOP IMPORT POTENTIALGermany+ $34.7M

Electric Filament’s highest export potential is Germany. With an export gap of $10.1M.   Electric Filament’s highest import potential is Germany with an import gap of $34.7M.

See methodology.

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